CSM Forum

Video: What is Point of Total Assumption

List of all PMP® Resources of iZenbridge, blog, slides, video, and files. All in one place now
indusharma
Super Member
Super Member
Posts: 349
Joined: Wed Dec 11, 2013 2:55 am

Video: What is Point of Total Assumption

Postby indusharma Wed Jun 25, 2014 11:01 am

The point of total assumption (PTA) is the point above which the seller bears all the losses of an additional cost overrun on a fixed price 'incentive fee' (FPIF or FPI) contract.

Knowledge Area: Procurement Management
Process Group: Planning



Keywords: point of total assumption, PTA, procurement management
Indu Sharma
PMP Trainer
iZenbridge Consultancy Pvt Ltd

Return to “PMP® Resources”

Who is online

Users browsing this forum: No registered users and 1 guest